Form 990 for tax year 2024
Filed by COMMUNITY FOUNDATION OF THE BRAZOS VALLEY.
Totals
- Total revenue
- $2,102,484
- Total expenses
- $1,476,290
- Contributions and grants received
- $1,198,276
- Grants paid
- $1,101,733
- Program service revenue
- $0
- Investment income
- $756,836
- Other revenue
- $147,372
- Total assets, end of year
- $13,621,696
- Total liabilities, end of year
- $1,123,884
- Net assets or fund balances, end of year
- $12,497,812
- Program services expenses (Part IX)
- $1,285,515
- Management and general expenses
- $141,510
- Fundraising expenses
- $49,265
- Program service expenses (Part III)
- $1,285,515
Program services were 87.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$884,757
-
1f · All other contributions, gifts and grants
$313,519
-
1g · Noncash contributions included above
$3,410
-
3 · Investment income
total $373,910 · related or exempt $373,910
-
7a · Gross sales of assets other than inventory
securities $843,361
-
7b · Less cost or other basis and sales expenses
securities $460,435
-
7c · Gain or loss
securities $382,926
-
7d · Net gain or loss
total $382,926 · related or exempt $382,926
-
8a · Fundraising events: gross income
$235,620
-
8a · Fundraising events: contributions included on line 1c
$884,757
-
8b · Fundraising events: direct expenses
$88,588
-
8c · Net income from fundraising events
total $147,032 · excluded $147,032
-
11a · Other revenue: ADMINISTRATIVE FEES
total $340 · related or exempt $340
-
11e · Other revenue, total
$340
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,082,133 · program services $1,082,133
-
2 · Grants to domestic individuals
total $19,600 · program services $19,600
-
7 · Other salaries and wages
total $114,297 · program services $34,290 · management and general $34,289 · fundraising $45,718
-
10 · Payroll taxes
total $8,867 · program services $2,660 · management and general $2,660 · fundraising $3,547
-
11c · Fees: accounting
total $29,321 · management and general $29,321
-
12 · Advertising and promotion
total $13,038 · management and general $13,038
-
13 · Office expenses
total $11,644 · management and general $11,644
-
14 · Information technology
total $1,191 · management and general $1,191
-
16 · Occupancy
total $11,447 · management and general $11,447
-
17 · Travel
total $574 · management and general $574
-
23 · Insurance
total $3,361 · management and general $3,361
-
24a · Other expenses: TOMB OF THE UNKNOWN SOL
total $101,017 · program services $101,017
-
24b · Other expenses: INVESTMENT MGT FEES
total $32,192 · program services $31,270 · management and general $922
-
24c · Other expenses: CONTRACT LABOR
total $21,917 · management and general $21,917
-
24d · Other expenses: SOFTWARE FEES
total $14,974 · program services $14,545 · management and general $429
-
24e · All other expenses
total $10,717 · management and general $10,717
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $318,056 · end of year $438,971
-
2 · Savings and temporary cash investments
beginning of year $738,862 · end of year $499,665
-
9 · Prepaid expenses and deferred charges
beginning of year $6,694 · end of year $2,365
-
10a · Land, buildings and equipment: cost or other basis
$7,357
-
10b · Land, buildings and equipment: accumulated depreciation
$7,332
-
10c · Land, buildings and equipment, net
beginning of year $25 · end of year $25
-
11 · Investments: publicly traded securities
beginning of year $11,755,517 · end of year $12,680,670
-
15 · Other assets
beginning of year $8,685 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $8,105 · end of year $0
-
25 · Other liabilities
beginning of year $1,036,935 · end of year $1,123,884
-
27 · Net assets without donor restrictions
beginning of year $11,782,799 · end of year $12,497,812
Mission and programs · 2024
Mission
DEDICATED TO IMPROVING THE QUALITY OF LIFE IN THE BRAZOS VALLEY THROUGH THE DEVELOPMENT OF PHILANTHROPIC GIVING, RESPONSIBLE GRANTMAKING, PROFESSIONAL STEWARDSHIP AND COLLABORATIVE LEADERSHIP.
Activities or mission (Part I)
THE COMMUNITY FOUNDATION OF THE BRAZOS VALLEY IS DEDICATED TO BUILDING AND MANAGING CHARITABLE ENDOWMENT FUNDS FOR BRAZOS VALLEY NONPROFITS.
-
THE COMMUNITY FOUNDATION OF THE BRAZOS VALLEY DISTRIBUTED GRANTS TO IMPROVE THE QUALITY OF LIFE IN THE BRAZOS VALLEY TO QUALIFIED 501(C)(3) ORGANIZATIONS SELECTED BY AN APPROVED GRANT APPLICATION PROCESS AND BOARD OF TRUSTEES ACTION.
Expenses $1,265,915 · Grants $1,082,133
-
EDUCATIONAL SCHOLARSHIPS TO STUDENTS.
Expenses $19,600 · Grants $19,600
As filed on the 2024 return.
Listed in Part VII
-
Jorge BermudezJORGE BERMUDEZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jack Buckley JrJACK BUCKLEY JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Candy RustCANDY RUST
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Natalie PineNATALIE PINE
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jerry FoxJERRY FOX
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Pat GusemanPAT GUSEMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Josh GorbuttJOSH GORBUTT
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Weldon RussellWELDON RUSSELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Louann McKinneyLOUANN MCKINNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Casey OldhamCASEY OLDHAM
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 2
-
Lia ZaccagninoLIA ZACCAGNINO
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Julie PorterJULIE PORTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Molly WatsonMOLLY WATSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mildred DavisMILDRED DAVIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Carrie HinesCARRIE HINES
ASSISTANT BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Patricia GerlingPATRICIA GERLING
PRESIDENT/CEO
- Total calculated
- $88,500
- From this org
- $88,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
AGGIELAND PREGNANCY OUTREACH INC
$58,013
GENERAL SUPPORT
-
CSISD EDUCATION FOUNDATION
$56,409
GENERAL SUPPORT
-
HOPE GATHERING INC
$53,041
GENERAL SUPPORT
-
BROTHERS IN WHITE CHAPEL
$32,061
GENERAL SUPPORT
-
THE BEE COMMUNITY
$31,938
GENERAL SUPPORT
-
BRENHAM CHRISTIAN ACADEMY DBA CITADEL CHRISTIAN SCHOOL
$28,001
GENERAL SUPPORT
-
UNBOUND NOW
$27,783
GENERAL SUPPORT
-
BAYLOR UNIVERSITY
$25,000
GENERAL SUPPORT
-
AGGIELAND HUMANE SOCIETY
$24,758
GENERAL SUPPORT
-
ONRAMP INC
$19,952
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 September 2025
- IRS schema version
- 2024v5.2
- Source object
- 202502879349301100
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